Private equity firms close Emerald Performance Materials deal

2:55 PM MDT | August 1, 2014 | Vincent Valk

Private equity firm American Securities (New York) has closed the acquisition of specialties maker Emerald Performance Materials (Cuyahoga Fall, OH) from Sun Capital (Boca Raton, FL), another private equity firm. Terms of the transaction, including financial details, have not been disclosed. Emerald’s products are sold into the flavors and fragrances, food and beverage, personal care, composites, adhesives and coatings markets, among others. “We’re extremely proud that by applying our deep experience in building corporate carve-outs into market...